The Greek Deal.com
BUSINESS
Theon International
Incoming orders and backlog for November of approximately $50 million
Theon announced an increase in incoming orders and backlog for November of approximately $50 million in the U.S., European and Middle Eastern markets.
Alpha Bank
Adjusted profit of €666 million (+16%)
Alpha Bank Group's results for the first nine months of 2024 show strengthened dynamics in both profitability and capital adequacy, with adjusted profit after taxes amounting to €665.8 million, up 16% compared to the corresponding period of 2023 despite the impact of lower interest rates.
Hellenic Republic Asset Development Fund
Tender for property in the Ververonda area of Porto Heli suspended
The Hellenic Republic Asset Development Fund made the decision to suspend the tender for the development of property in the Ververonda area of Porto Heli.
Cenergy Holdings
Contract between with IPTO for the submarine interconnection of the Ionian Islands
Cenergy Holdings announces that Hellenic Cables, its cables division, has been awarded a contract by Independent Electricity Transmission System Operator for the design, supply and installation of 150 kV XLPE underground and submarine cables.
National Bank of Greece
Organic Profit after tax of €983 million in nine months
The National Bank of Greece delivered a strong performance at all levels in the first nine months of the year, with profitability up 15% year-on-year and return on equity well above target.
Eurobank
Net profit of €1.145 billion in the first nine months
Eurobank recorded a positive performance in the first nine months of 2024 with an adjusted net profit of €1.145 billion, of which €498 million came from international operations.
DOUKAS SCHOOLS
New strategic partnerships with Congita
Congita is considering strengthening its presence in Greece, either through new strategic partnerships with other private schools or by expanding the existing school units of the Doukas Schools, following its entry with a majority stake in the share capital of the historical educational organization.
Motor Oil Group
In the third quarter of 2025 the restoration after September's fire
According to Motor Oil, the restoration of the September fire damage is expected to be finished in the third quarter of 2025.
Eurobank
68.81% stake in Hellenic Bank - Stake 8.58% in Demetra
Eurobank has entered into share purchase and sale agreements for the acquisition of a 12.848% stake in Hellenic Bank for €243 million and Demetra for €32.4 million.
JUMBO GROUP
Sales up 7% in ten months - Achievable target for 2024
Jumbo Group describes the ten-month figures as encouraging, with sales increasing by around 7%, while it is in preparation for the traditionally increased demand of the Christmas period.
TITAN GROUP
20% jump in nine-month net profit
Titan Group recorded a strong performance, with sales increasing by 4.9% to €1.985 billion in the first nine months of the year, while all geographic segments recorded growth, thanks to increased sales volumes of key products and improved price levels.